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Bank of America no longer bidding for Lehman: report

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A Bank of America automatic teller machine is seen in New York July 21, 2008.

Credit: Reuters/Shannon Stapleton

WASHINGTON | Sun Sep 14, 2008 4:02pm EDT

WASHINGTON (Reuters) - Bank of America is no longer in the bidding for troubled investment bank Lehman Brothers, Bloomberg Television reported on Sunday, citing a person familiar with the negotiations.

"I've just heard from a person familiar with the negotiations that Bank of America is no longer in the bidding for Lehman Brothers," a Bloomberg TV reporter said.

(Reporting by Tim Ahmann; Editing by Andrea Ricci)

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